The Impact of Monetary Policyon the Exchange Rate : Evidence From Three Small Open Economies /

This paper studies the impact effect of monetary policy shocks-identified by the reaction of three month market interest rates to policy announcements-on the exchange rate in Australia, Canada, and New Zealand during the 1990s. The main results are that (1) on average, a 100 basis point contractiona...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Zettelmeyer, Jeromin
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2000.
סדרה:IMF Working Papers; Working Paper ; No. 2000/141
גישה מקוונת:Full text available on IMF